8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                      The Securities Exchange Act of 1934



                                  June 9, 2010
                               ------------------
                                (Date of Report)

                           ALANCO TECHNOLOGIES, INC.
                           -------------------------
             (Exact name of Registrant as specified in its charter)


                                    0-9437
                                   ---------
                             (Commission File No.)

                    ARIZONA                        86-0220694
         ---------------------------     ---------------------------------
        (State of other jurisdiction(    (IRS Employer Identification No.)



             15575 N 83RD WAY, SUITE 3, SCOTTSDALE, ARIZONA  85260
             -------------------------------------------------------
            (Address of Principal Executive Office)       (Zip Code)


                                 (480) 607-1010
              ----------------------------------------------------
              (Registrant's telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously safisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):

(  ) Written communication pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

(  ) Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

(  ) Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

(  ) Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

Item 8.01  Other Events

On June 7, 2010 Alanco Technologies, Inc. ("the Company") was notified by
NASDAQ that the Listing Qualifications Panel granted the Company's request
of an extension for continued listing until September 13, 2010 to regain
NASDAQ's minimum $1.00 bid price listing requirement.

Item 9.01  Financial Statements and Exhibits

     Exhibits 99.1 Press Release dated June 8, 2010, "Alanco Granted
                   Extension For Continued NASDAQ Listing"

                                   SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Date: June 9, 2010                   ALANCO TECHNOLOGIES, INC.

                                        By: /s/John A Carlson
                                            -----------------------
                                            Chief Financial Officer

EX-99

Exhibit 99

FOR IMMEDIATE RELEASE

CONTACTS:  Corporate Contact:
           John Carlson, Exec VP & CFO
           480-505-4869


                            Alanco Granted Extension
                          For Continued NASDAQ Listing


(Scottsdale,  AZ - June 8, 2010) - Alanco  Technologies,  Inc., (NASDAQ:  ALAN),
announced today that it's appeal to the NASDAQ Listing  Qualifications Panel for
an extension to regain NASDAQ's minimum $1.00 bid price listing  requirement has
been granted.  The Company now has until  September  13, 2010 to regain  minimum
NASDAQ bid price  requirements,  and is in full compliance with all other NASDAQ
listing requirements.

Robert R.  Kauffman,  Alanco  Chairman  and CEO,  commented,  "We are focused on
executing  the operating  plan  presented to the NASDAQ  Listing  Qualifications
Panel,  through  which we believe  the  Company  can  achieve  minimum bid price
compliance within our granted extension period."

Alanco  Technologies,  Inc.  provides  wireless  monitoring and asset management
solutions  through its  StarTrak  Systems  subsidiary.  StarTrak  Systems is the
dominant   provider  of  tracking,   monitoring  and  control  services  to  the
refrigerated or "Reefer"  segment of the  transportation  marketplace,  enabling
customers to increase  efficiency  and reduce costs of the  refrigerated  supply
chain.  For more  information,  visit the Alanco  website at  www.alanco.com  or
StarTrak Systems at www.startrak.com.

EXCEPT  FOR  HISTORICAL  INFORMATION,  THE  STATEMENTS  CONTAINED  IN THIS PRESS
RELEASE  ARE  FORWARD-LOOKING  STATEMENTS  MADE  PURSUANT  TO  THE  SAFE  HARBOR
PROVISIONS OF THE PRIVATE  SECURITIES  LITIGATION  REFORM ACT OF 1995.  ALL SUCH
FORWARD-LOOKING  STATEMENTS  ARE SUBJECT  TO, AND ARE  QUALIFIED  BY,  RISKS AND
UNCERTAINTIES  THAT COULD CAUSE ACTUAL RESULTS TO DIFFER  MATERIALLY  FROM THOSE
EXPRESSED OR IMPLIED BY THOSE STATEMENTS. THESE RISKS AND UNCERTAINTIES INCLUDE,
BUT ARE NOT LIMITED TO, REDUCED  DEMAND FOR  INFORMATION  TECHNOLOGY  EQUIPMENT;
COMPETITIVE  PRICING AND DIFFICULTY  MANAGING PRODUCT COSTS;  DEVELOPMENT OF NEW
TECHNOLOGIES THAT MAKE THE COMPANY'S PRODUCTS OBSOLETE;  RAPID INDUSTRY CHANGES;
FAILURE OF AN ACQUIRED BUSINESS TO FURTHER THE COMPANY'S STRATEGIES; THE ABILITY
TO MAINTAIN  SATISFACTORY  RELATIONSHIPS  WITH LENDERS AND REMAIN IN  COMPLIANCE
WITH  FINANCIAL  LOAN  COVENANTS AND OTHER  REQUIREMENTS  UNDER CURRENT  BANKING
AGREEMENTS;   AND  THE  ABILITY  TO  SECURE  AND  MAINTAIN  KEY   CONTRACTS  AND
RELATIONSHIPS.

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